News-Antique.com - Jun 22,2007 - “Never before has there been a comprehensive, practical, well-organized and fully-indexed how-to book for the personal property appraiser," says author David J. Maloney, Jr., AOA CM as he recently announced the publication of his new 406-page book, Appraising Personal Property: Principles and Methodology (Appraisers Press 2007).

As a long-time certified appraiser and veteran appraisal course writer and instructor, Maloney knows the importance that professional ethical and appraisal report writing standards play in the development and reporting of accurate and meaningful value conclusions and in promoting public trust in the appraisal profession. For this reason, his tome incorporates and builds upon the widely accepted Uniform Standards of Professional Appraisal Practice (USPAP) as promulgated by The Appraisal Foundation of Washington, DC.

Appraising Personal Property: Principles and Methodology covers terminology, the various tasks of an appraiser, objectives and intended uses of appraisals, types of value, IRS regulations, the three approaches to value, scope of work, value enhancers and detractors, depreciation, market principles, ethics, identification and authentication, an introduction to USPAP, market and value research, describing property, appraisal report structure, sample appraisals and much, much more. The book also teaches the student basic appraisal techniques to facilitate beginning a professional appraisal business or improving an existing one. In short, the reader is taught the skills necessary to write a complete, clear, concise, well-developed appraisal report in conformance with today's generally accepted standards.

"The information contained in this book is available nowhere else," says Maloney who is no stranger to gathering and presenting hard-to-find information. For fourteen years he authored Maloney's Antiques & Collectibles Resource Directory which was called "the bible" of the industry by U.S. News & World Reports and hailed as a “Best Reference Book” by Library Journal.

Maloney's new book will be used as part of the curriculum for "Appraising Personal Property: A Core Course in Valuation Studies Featuring USPAP," a six-day, on-site course in personal property appraising taught by Maloney and his partner, Certified National USPAP Course instructor Bill Novotny, ISA AM. "Like the book, this course is also unique," says Maloney. "Not only does it cover appraisal principles and methodology, but it also includes the full 15-hour National USPAP Course taught by a certified USPAP instructor," he added. Offerings in Baltimore, MD and Reno, NV are scheduled for later this year.